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Energy Split Corp. II Inc. Declares Quarterly Distributions

TORONTO, Aug. 30 /CNW/ - The Board of Directors of Energy Split Corp. II
Inc. (the "Company") today declared a return of capital distribution of
$0.2657 per ROC Preferred Share payable on September 14, 2007 to holders of
record at the close of business on September 11, 2007.
In addition, the Board of Directors of the Company has declared a return
of capital distribution of $0.51 per Capital Yield Share payable on September
14, 2007 to holders of record at the close of business on September 11, 2007.
Consequently, the twelve month trailing distribution totals $2.105 per Capital
Yield Share. Distributions paid by the Company will vary with the actual
distributions of the underlying portfolio of oil and gas funds and such
variations may be material.
The Company has been created in order to generate fixed cumulative tax
efficient distributions for the ROC Preferred Shareholders representing a
yield of 4.25% per annum on the $25.00 offering price. The Capital Yield
Shareholders are provided with a leveraged play on the yield and price
performance from a fixed portfolio consisting of 23 oil and gas royalty trusts
listed on the Toronto Stock Exchange.
Capital Yield Shares and ROC Preferred Shares of Energy Split Corp. II
Inc. are listed for trading on The Toronto Stock Exchange under the symbols EN
and EN.PR.A respectively.
%SEDAR: 00021250E